,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #cbd  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #i1 #bjbe,mr4 
,timmons introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways &       
,means1 & 9 addition to ! ,committee on 
,small ,bus9ess1 = a p]iod to be        
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to provide = !     
collection & %>+ ( in=mation1 includ+   
tax return in=mation1 = purposes (      
crim9al inve/igations ) respect to loans
 "u ! ,pay*eck ,protection ,program4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,,ppp ,%ell ,company ,discov]y ,act4  
#b4 ,collection & %>+ ( in=mation =     
crim9al inve/igations ) respect to loans
 "u ! ,pay*eck ,protection ,program  7a7
 ,li/ ( loan recipi5ts ,! ,secret>y ( ! 
,treasury or ! ,secret>y's delegate     
7h]eaft] 9 ?is section ref]r$ to z !    
,secret>y71 aft] consultation ) !       
,adm9i/rator ( ! ,small ,bus9ess        

,adm9i/ration1 ! ,p&emic ,response      
,acc\ntability ,committee1 & su* o!r    
p]sons z ! ,secret>y det]m9es           
appropriate1 %all compile a li/ ( !     
p]sons :o receiv$ ,,ppp loans4 ,su* li/ 
%all include ! "n1 mail+ address1 &     
taxpay] id5tify+ numb] 7)9 ! mean+ (    
section #faji ( ! ,int]nal ,rev5ue ,code
 ( #aihf7 (1 & aggregate am\nt ( ,,ppp  
loans receiv$ by1 ea* su* p]son4 ,!     
,secret>y %all make all in=mation       
includ$ on su* li/ available to (fic]s &
 employees ( ! ,int]nal ,rev5ue ,s]vice 
& ! ,dep>tm5t ( ,ju/ice4  7b7 ,creation 
( li/s ( loan recipi5ts bas$ on c]ta9   
payroll tax in=mation  7#a7 ,li/ ( loan 
recipi5ts ) no ,,fica tax )hold+ ,!     
,commission] ( ,int]nal ,rev5ue %all    
create a li/ ( ,,ppp loan recipi5ts     
7includ+ ! in=mation describ$ 9         
subsection 7a7 ) respect to ea* su*     
recipi5t7 :i* did n d$uct & )hold any   
tax "u section #cajb ( ! ,int]nal       
,rev5ue ,code ( #aihf dur+ cal5d> ye>   
#bjai4  7#b7 ,li/ ( loan recipi5ts )    

l>ge ,,ppp loans relative to ,,fica     
wages ,! ,commission] ( ,int]nal ,rev5ue
 %all create a li/ ( ,,ppp loan         
recipi5ts 7includ+ ! in=mation describ$ 
9 subsection 7a7 ) respect to ea* su*   
recipi5t7 ) respect to :om ! aggregate  
am\nt ( ,,ppp loans receiv$ by su* p]son
 7z report$ on ! li/ describ$ 9         
subsection 7a77 equals or exce$s !      
product (-- 7,a7 ! greate/ am\nt ( wages
 7z def9$ 9 section #caba7;a7 ( !       
,int]nal ,rev5ue ,code ( #aihf7 = any   
cal5d> mon? dur+ #bjai ) respect to :i* 
tax 0 paid by su* p]son "u section #caaa
 ( su* ,code1 multipli$ by  7,b7 #d4    
7#c7 ,notification ( li/ completion ,!  
,commission] ( ,int]nal ,rev5ue %all    
notify ! ,attorney ,g5]al & ! ,secret>y 
( ! ,treasury :5 ea* li/ describ$ 9     
p>agraphs 7#a7 & 7#b7 has be5 complet$4 
7#d7 ,au?ority to disclose li/s = use 9 
crim9al inve/igations ,= au?ority &     
proc$ure = disclosure ( return in=mation
 = use 9 crim9al inve/igations1 see     
section #fajc7;i77#a7 ( ! ,int]nal      

,rev5ue ,code ( #aihf4  7c7 ,def9itions 
,= purposes ( ?is section-- 7#a7 ,,ppp  
loans ,! t]m ,,ppp loan means a cov]$   
loan made "u p>agraph 7#cf7 or 7#cg7 (  
section #g7;a7 ( ! ,small ,bus9ess ,act 
7#ae ,u4,s4,c4 #fcf7;a77 t 0 =giv5 "u   
su* p>agraph 7#cg7 or section #g;,a (   
su* ,act 7#ae ,u4,s4,c4 #fcfm74  7#b7   
,,ppp loan recipi5t ,! t]m ,,ppp loan   
recipi5t means any p]son includ$ on !   
li/ compil$ by ! ,secret>y "u subsection
 7a74